Dolphin Energy awards $250 mln contract to L&T

ABU DHABI Mon Nov 12, 2012 1:54pm IST

Labourers work inside a steel factory on the outskirts of Agartala, April 9, 2009. REUTERS/Jayanta Dey/Files

Labourers work inside a steel factory on the outskirts of Agartala, April 9, 2009.

Credit: Reuters/Jayanta Dey/Files

Related Topics

Stocks

   

ABU DHABI (Reuters) - UAE group Dolphin Energy DOL.UL has awarded a $250 million contract to Indian group Larsen & Toubro (LART.NS) to upgrade a gas plant in Qatar.

Larsen & Toubro will install three new Rolls Royce Trent gas turbine compressors and related facilities at the processing plant at Ras Laffan by end-2014, Dolphin Energy said on Monday.

"They will improve overall reliability and availability of natural gas exports to the UAE and Oman," it said.

Dolphin - the only cross-border gas supply line in the Gulf - carries 2 billion cubic feet gas per day from Qatar's North Field to the UAE coast. Much of the gas is burned within metres of its arrival in the UAE, with some sent to Oman.

Long-term customers for Dolphin gas from Qatar are the Abu Dhabi Water & Electricity Company, Dubai Supply Authority and the Oman Oil Company.

Dolphin Energy is controlled by the Mubadala Development Company for the government of Abu Dhabi, with France's Total and U.S.-based Occidental Petroleum each holding 24.5 percent.

The $136 million contract for Rolls Royce was announced in April. (Reporting by Stanley Carvahlo, writing by Daniel Fineren; Editing by Dan Lalor)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Diplomacy

REUTERS SHOWCASE

Maruti Results

Maruti Results

Maruti Suzuki says profits helped by sentiment, not growth.  Full Article 

Tracking the Monsoon

Tracking the Monsoon

Monsoon turns patchy after revival.  Full Article 

ICICI Profit Up

ICICI Profit Up

ICICI Bank Q1 net profit up 17 percent, beats estimates.  Full Article 

Pharma Sector

Pharma Sector

FDA raises concern over drug production process at Cadila  Full Article 

Coal India

Coal India

Some Coal India mines may be run by foreign firms - minister  Full Article 

Fuel Prices

Fuel Prices

IOC to cut petrol prices by 1.5 pct from Friday  Read 

Economic Pulse

Economic Pulse

India's infrastructure output growth hits 9-month high in June  Full Article | Related Story 

Joint Bid

Joint Bid

ONGC, Oil India bid $1.5 bln for stake in Murphy Oil's Malaysia assets - sources  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage